[4], In April 2009, the site added the Meebo instant messaging client to the site in order to provide real time chat. Meet Group reports Q2 earnings beat, but Q3 sales outlook disappoints. These use cases, approaches and end results from real customers include 4 testimonials & reviews. July 31, 2019 March 23, 2020. The Meet Group is a portfolio of mobile social entertainment apps designed to meet the universal need for human connection. At the same time, we use our expertise in brand building for our commerce and online dating pillars: NuCom Group is a fast-growing e-commerce player with leading portfolio companies in the areas of consumer advice, experiences and beauty & lifestyle. myYearbook derives its revenue from three sources: advertising, virtual-currency sales, and monthly subscriptions. Leslie Arena / larena@themeetgroup.com With its uniquely diverse business approach, the company covers the whole spectrum of the online dating market, ranging from social dating with a strong entertainment component based on live video streaming, to serious matchmaking. At the launch of the site, Dave was a junior and Catherine was a sophomore; the project was initially activated at Montgomery High School, in suburban New Jersey where they attended. We expect to continue our strong growth trajectory over the coming years and will continue to evaluate a range of options to support our growth initiatives.”. Over 195,000 dating games are played each day across The Meet Group’s apps, an increase of 104% since the declaration of a global pandemic in March. The company also derives revenue from advertising. The well-known international brands Parship, ElitePartner and eharmony belong to the group. The Meet Group, Inc. (formerly MeetMe) owns several mobile social networking services including MeetMe, hi5, LOVOO, Growlr, Skout, and Tagged. Matchmaking services such as eharmony or European-based Parship use scientific methods to help people find their partner for a compatible, happy long-term relationship. [9], In March 2011, myYearbook announced it had acquired Toss It, Tic Tac Toe, Minesweeper, SpringDroid, and Line of 4 to support its mobile strategy and grow its team. It is completely free of charge. The company's app consists of currently MeetMe (R), Skout(R), Tagged(R) and Hi5(R). Currently, the Parship Group employs over 300 colleagues in Hamburg / Germany (headquarters), Los Angeles, London and Amsterdam. [6], In May 2010, myYearbook launched an iOS and Android mobile app designed to bring the Chatter real time feed to mobile devices. Brandyn Bissinger / bbissinger@themeetgroup.com [2], In 2006, myYearbook raised $4.1 million from U.S. Venture Partners and First Round Capital. First launching on MeetMe iOS, through its partnership, The Meet Group will be able to bring fun and emotionally intelligent expression to in-app conversations, helping millions of people have more meaningful conversations every day, everywhere. The Company offers information sharing, social interaction, and mobile application development services. ProSiebenSat.1 combines leading entertainment brands with a successful production business and a strong commerce and online dating portfolio and is thus one of the most diversified media companies in Europe. This page was last edited on 23 January 2021, at 17:45. Season 5 of The Masked Singer premiered with a bang on Wednesday night (you can follow along with all of the action yourself via FuboTV with a free trial).As they have done in previous seasons, the competition will be split up between separate groups of performers, with Group A taking to the stage first on Wednesday. The Meet Group is committed to safety. Parship Group’s international brands constitute a market leader in the matchmaking space, focused on serious relationships and compatible connections, monetizing largely through subscription. [1] Advertising makes up two-thirds of its revenue, with the other sources making up the rest. The Meet Group is one of the largest providers of livestreaming dating games in the world. Group Chats are customized from the start since a group name is required and has you select participants first before creating it. As a leading global player in online dating and social entertainment, we support individuals around the world in their search for the right connections. We want to offer great entertainment – whenever, wherever and on any device. By April 2010, the site reported the Chatter feature surpassed one million posts per day. As a result of the acquisitions, Chris Hager of Austria-based FlockEngine and James O’Brien of UK-based SpringDroid joined myYearbook. All three services use scientific methods to successfully support singles in finding meaningful relationships that enrich their lives. The Meet Group derives revenue from in-app purchases, subscriptions, and advertising. The company has millions of mobile daily active users. A high-level overview of The Meet Group, Inc. (MEET) stock. Thousands of events are happening every day, both online and in person! You can find a description of current safety practices here: https://www.themeetgroup.com/safety-practices/. For more information on General Atlantic, please visit the website: www.generalatlantic.com, Investor: General Atlantic has more than 150 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore. Originally founded in 2005, MeetMe has originated untold numbers of chats, shares, good friends, dates, romantic relationships – … ProSiebenSat.1 are around 7,000 passionate creators that love to entertain and delight our viewers and consumers each day. The Meet Group | 4,012 followers on LinkedIn. English, Portuguese, Spanish, French, Italian, German, Chinese, Russian, Japanese, Korean, Dutch, Turkish, Malay, Indonesian. Our top apps, MeetMe®, LOVOO®, Skout®, Tagged® and GROWLr®, deliver live interactions and meaningful connections to millions of daters daily. [3], In 2008, the company partnered with casual game developer Arkadium to bring Flash based games to the site. We can address over 45 million TV households in Germany, Austria and Switzerland with our 15 free and pay TV channels. Successful formats like “The Masked Singer”, “Germany’s next Topmodel”, and “Beat the Channel” as well as top-notch stars like Heidi Klum, or Dwayne Johnson belong to our family. Headquartered in Hamburg, Germany, the company currently employs a workforce of more than 1,100 in eight offices worldwide. [7], The company ended 2009 with a $20 million run rate. Headquartered in New Hope, PA, we have offices in Philadelphia, Dresden, and Berlin. MeetMe is the mobile version of the bar or coffeehouse where everyone belongs. Parship invented scientific matchmaking in Europe in 2001 and today offers its service in the German-speaking world and the Benelux countries. California-based eharmony was founded in 2000 and operates in the United States, Canada, the United Kingdom and Australia. The games incorporated Lunch Money, the myYearbook virtual currency. Earnings for The Meet Group (MEET) Earnings in 2020 (TTM): $0.02 B According to The Meet Group 's latest financial reports the company's current earnings (TTM) are $0.02 B.In 2019 the company made an earning of $0.01 B an increase over its 2018 earnings that were of $3.93 M.The earnings displayed on this page are the earnings before interest and taxes or simply EBIT. Its mobile apps are available on iOS, and Android in multiple languages. ParshipMeet Group now owns and operates The Meet Group’s dating apps MeetMe, LOVOO, Tagged, Skout, and GROWLr, as well as Parship Group’s matchmaking brands eharmony, Parship, and ElitePartner, creating a diversified international market leader in online dating. The Meet Group has transformed its business from being a predominantly advertising model to now generating the majority of revenue from user pay sources, which include subscriptions and in-app purchases for virtual gifts as part of its video live-streaming product. Both Parship and eharmony are pioneers in using scientific methods to create highly compatible relationships. “By combining The Meet Group’s assets with Parship Group’s strengths, we’ve created a global dating leader and one of the most diversified portfolios of dating brands in the world. https://www.parshipgroup.com/. The all-cash transaction for $6.30 per fully diluted share represents an enterprise value of approximately $500 million. The site was created entirely by workers in India. The Meet Group (NASDAQ:MEET) owns numerous social and dating applications, including MeetMe, LOVOO, Skout, and Tagged. Shows like “Bosch”, “Married at First Sight”, or “Queen of Drags” are created within our production and distribution business Red Arrow Studios. Livestreaming video revenue has become an increasingly important component of revenue and growth, and the product has been rolled out to all of the Company's main apps. Games playable inside the stream included Ask Me, Rate Me, and Two Truths and a Lie. About The Meet Group. The Meet Group (NASDAQ: MEET) is a portfolio of mobile social entertainment apps designed to meet the universal need for human connection. The Meet Group, Inc. operates as a social medial technology company. myYearbook chose the final site design by crowdsourcing its members. [18], In September 2017, Meet Group acquired German dating app Lovoo[19], In 2020, The Meet Group was acquired by ProSiebenSat.1 Media with a parent company, ParshipMeet Group, being formed to manage both The Meet Group and Parship. www.parshipmeet.com. NEW HOPE, Pa.--(BUSINESS WIRE)--The Meet Group, Inc., a leading provider of interactive dating solutions, has announced the completion of its previously announced acquisition by the parent company of eharmony. Combined Company, ParshipMeet Group, Adds Industry-Leading Livestreaming Capabilities at a Time of Surging Global Demand for Video Dating. (267) 714-6418 They persuaded their older brother Geoff, who had founded EssayEdge and ResumeEdge from his Harvard dorm room, to invest in their project. In the second quarter of 2018, 60% of revenue was derived from user-pay, versus 26% in the second quarter of 2017. We leverage a powerful live-streaming video platform, empowering our global community to forge meaningful connections. The Meet Group has announced its partnership with Holler, bringing expressive, animated content through stickers and GIFs to its dating apps. Read 4 The Meet Group Customer Reviews & Customer References. The Meet Group, Inc. is a social media technology company. Now United is the world's first ever global pop group comprised of 14 different singers and dancers from 14 different countries. The Meet Group focuses on community while bringing social entertainment to dating, monetizing through livestreaming video. “We are thrilled to combine with a globally leading matchmaking company,” said Geoff Cook, Chief Executive Officer of The Meet Group. The Meet Group (MEET) is a fast-growing portfolio of mobile apps designed to meet the universal need for human connection. [16][17], On April 3, 2017, the company acquired if(we) and rebranded it to The Meet Group. We leverage a powerful live-streaming video platform, empowering our global community to forge meaningful connections. The company has offices in New Hope, Pennsylvania, Philadelphia, San Francisco, Dresden, and Berlin. We see significant potential to further the growth of The Meet Group’s video platform-as-a-service products, as well opportunities for knowledge-sharing and cross-selling. Lunch Money earned playing games was usable elsewhere on the site. [10], In July 2011, myYearbook announced it had agreed to be acquired by Latino social networking site Quepasa. The combined company brings together two leading dating businesses with complementary strengths and unique product offerings in their respective highly attractive market segments while broadening their international footprints. ParshipMeet Group is an international market leader in online dating. The Meet Group has the most engaging dating communities in the world, spanning five apps including MeetMe, Skout, Tagged, LOVOO and GROWLr. These games incorporated mechanics to help myYearbook members meet each other. https://www.prosiebensat1.com/, General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Our ecosystem of livestreaming apps enables our global community to interact through one-to-many livestreaming broadcasts and text-based conversations. Join a group to meet people, make friends, find support, grow a business, and explore your interests. ParshipMeet Group is jointly owned by ProSiebenSat.1, a leading free-to-air TV broadcaster and video entertainment company in the German-speaking markets and one of the most diversified media companies in Europe, and General Atlantic, a leading global growth equity firm providing capital and strategic support for growth companies. In connection with the transaction, a new parent company, ParshipMeet Group, was created to manage two subsidiaries: The Meet Group and Parship Group. [20][21], "myYearbook Forgoes Freemium, Reports Virtual Goods Success", "The secrets of a teen's Internet success", "Teen Social Network myYearbook Gets $13 Million", "myYearbook Finds Success in Casual Gaming", "myYearbook's Chatter Reaches 1 Million Posts Per Day", "MyYearbook Rolls Out Its Crowdsourced Redesign", "myYearbook: Dating & Fun for Friends and Singles of Any Sex. [5], In January 2010, myYearbook rolled out a new site design aimed to appeal to an older demographic. The Meet Group is a portfolio of mobile social entertainment apps. [14], In June 2012, the company formed from the combination of myYearbook and Quepasa was renamed MeetMe. Media: (267) 446-7010. It has an established sales office based in New York City and Los Angeles. The Meet Group, Inc. Common Stock (MEET) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Meet the Russell Group is designed to support Year 13, 12 and 11 students, and the parents, guardians, teachers and careers advisors who assist them with their applications. https://www.themeetgroup.com/safety-practices/. “We believe this deal will help define the future of dating. The Parship Group is a leading provider of online matchmaking services. | The Meet Group owns and operates the most engaging dating communities in … With ParshipMeet Group, we have created a leading global platform in the online dating segment and have underlined our position as a strong growth partner for digital companies. It offers information sharing, social interaction and mobile application development services. The Meet Group is one of the largest providers of livestreaming dating games in the world. We will continue to focus on the same three pillars which have contributed to our success: building the best dating features in the world for our engaged community, investing in livestreaming content and innovation, and discovering sensible opportunities to expand and grow – both organically and through strategic relationships, including our video-platform-as-a-service offering,” Cook said.
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